In pursuit of a bigger slice of an estimated $14B market after Black Knight acquisition, Intercontinental Exchange signs 37 new Encompass clients and 4 new servicing clients
In announcing the second Encompass deal this month, ICE cites investments in mortgage technology and data that automate and accelerate the lending process from start to finish
PennyMac is putting a positive spin on the arbitrator's ruling, saying the decision allows it to continue to use the disputed loan servicing software 'free and clear of any restrictions'
ICE teams up with DeltaTerra Capital to translate physical climate risk estimates into financial risk assessments factoring in default risk, asset price depreciation and insurance costs
To satisfy antitrust regulators, ICE divests itself of Black Knight's loan origination and mortgage pricing business, but gets access to mortgage loan servicers and MLSs in $11.9B merger
In addition to selling Empower and Optimal Blue, consent order would require ICE and Black Knight to seek prior FTC approval before acquiring an interest in another loan origination system
To win approval from regulators to merge with Intercontinental Exchange (ICE), Black Knight plans to sell 2 businesses to subsidiaries of software giant Constellation Software next month
Antitrust regulator claims Intercontinental Exchange and Black Knight plan to close the merger deal on April 28 — before an administrative hearing to determine its legality has even begun
Federal Trade Commission alleges the deal would put an end to intense competition between the companies and drive up costs for lenders and homebuyers
Deal with Constellation Software Inc. hinges on Intercontinental Exchange closing deal to acquire Black Knight, now valued at $11.7B. ICE says it's prepared to fight FTC in court
Real estate software, data and analytics company signs new customers to book $452.5M 2022 profit, up 118% from 2021 with revenue climbing 5% to $1.55B
Federal Trade Commission not convinced that Black Knight's plans to spin off its Empower loan origination system allays antitrust concerns, 'Politico' reports
Integration of Wolters Kluwer's eNote and eVault capabilities into Black Knight's digital closing solution, Expedite Close, eliminates need for multiple vendors
Black Knight is reportedly looking to spin off its Empower loan origination system to placate regulators' antitrust concerns as critics raise market power, data privacy issues
With ICE's acquisition of Black Knight pending, title insurer exercises right to buy back title search and order management solution under terms of 2014 agreement